Monday, January 19, 2009

It's The End Of The World As We Know It

Three more horsemen of the economic apocalypse?

In the "if it plays out properly, and that is a big if, this should be eventually good in the tear-down-a-structurally-compromised-M. C. Escher-of-a-high-rise-to-erect-practical-home" department: The End of Banking as We Know It

In the meantime, we foot the banks' bill. So if you were seething with bailout rage before, your head will now explode: Bailout Is a No-Strings Windfall to Banks, if Not to Borrowers

I don't pretend understand the financially rarified air of the hedge fund manager. But I'd love it if stories like this would do away with the practice of short selling: Hedge Funds, Unhinged

By my count this brings the horsemen of the economic apocalypse running total up to about 27.